StreamWIDE (FR:ALSTW) has released an update.
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StreamWIDE, a French communication software company, reported a 10% increase in revenue at €9.3m for H1 2024, with significant growth attributed to its ‘platforms’ business, which surged by 24% compared to the previous year. This rise is primarily due to new projects and a diversification strategy extending beyond the public safety market. The company’s legacy business, however, saw a decline, dropping to 25% of the total half-year revenue.
For further insights into FR:ALSTW stock, check out TipRanks’ Stock Analysis page.
